I'm happy to be a Kraken Robotics investor as the stock reached a new record high at $1.40 a share.
Since Kraken Robotics shares are now increasing to steroid like levels, there could be some speculation that the company is facing a possible takeover from another robotics counterpart.
Usually, when a company like Kraken Robotics shares are going up significantly in a short period of time, it raises speculation that they are facing a possible takeover.
It happened with WestJet before it was sold to ONEX, and also Tim Horton's before it got sold to Burger King's owners.
If Kraken Robotics faces a takeover, don't be surprised if the stock rises to $2.00 or even as high as $5.00 a share.
If that happens, I'll be buying a new car and singing, "I'm in the money!!!"